Oklahoma § 24-158 - Notice of rights

§ 24-158. Notice of rights

At any time a consumer is required to receive a summary of

rights required under Section 1681g of Title 15 of the United States

Code, the following notice shall be included:

“Oklahoma Consumers Have the Right to Obtain a Security Freeze.

You have a right to place a “security freeze” on your credit

report, which will prohibit a consumer reporting agency from

releasing information in your credit report without your express

authorization. A security freeze must be requested in writing by

certified mail. The security freeze is designed to prevent credit,

loans, and services from being approved in your name without your

consent. However, you should be aware that using a security freeze

to take control over who gets access to the personal and financial

information in your credit report may delay, interfere with, or

prohibit the timely approval of any subsequent request or

application you make regarding a new loan, credit, mortgage,

government services or payments, rental housing, employment,

investment, license, cellular phone, utilities, digital signature,

Internet credit card transaction, or other services, including an

extension of credit at point of sale. When you place a security

freeze on your credit report, you will be provided a personal

identification number or password to use if you choose to remove the

freeze on your credit report or authorize the release of your credit

Oklahoma Statutes - Title 24. Debtor and Creditor

report for a period of time after the freeze is in place. To

provide that authorization you must contact the consumer reporting

agency by one of the methods that it requires, and provide all of

the following:

1. The personal identification number or password;

2. Proper identification to verify your identity;

3. The proper information regarding the period of time for

which the report shall be available; and

4. The payment of the appropriate fee.

A consumer reporting agency must authorize the release of your

credit report no later than three (3) business days after receiving

all of the above items by any method that the consumer reporting

agency allows.

A security freeze does not apply to a person or entity, or its

affiliates, or collection agencies acting on behalf of the person or

entity, with which you have an existing account that requests

information in your credit report for the purposes of reviewing or

collecting the account. Reviewing the account includes activities

related to account maintenance, monitoring, credit line increases,

and account upgrades and enhancements.

You have a right to bring civil action against anyone, including

a consumer reporting agency who willfully or negligently fails to

comply with any requirement of the Oklahoma Consumer Report Security

Freeze Act.

A consumer reporting agency has the right to charge you up to

Ten Dollars ($10.00) to place a freeze on your credit report, up to

Ten Dollars ($10.00) to temporarily lift a freeze on your credit

report, and up to Ten Dollars ($10.00) to remove a freeze from your

credit report. However, you shall not be charged any fee if you are

a victim of identity theft who has submitted, at the time the

security freeze is requested, a copy of a valid investigative or

incident report or complaint with a law enforcement agency about the

unlawful use of your identifying information by another person, or

if you are sixty-five (65) years of age or older for the initial

placement and removal of a security freeze.”

Added by Laws 2006, c. 283, § 10, eff. Jan. 1, 2007.